The Engineer Online: UK Oxford University researchers presented Fast Pixel Shutter Imaging (FPSI) technology. They demonstrated the technology using a prototype built out of a digital micro-mirror array comprising a vast amount of individually moveable mirrors measuring 10um each. The mirrors can be toggled on and off and used as pixel-level optical switches. So each pixel gets individually controlled exposure.
Oxford group is working with researchers at Nottingham University on fashioning the technology into a single CMOS chip that could be integrated into small electronic devices, including mobile phones. Within six months they plan to unveil a mobile-phone-sized camera that can demonstrate FPSI.